The document outlines common problems and solutions for optimizing performance in Oracle Real Application Clusters (RAC). It discusses RAC fundamentals like architecture and cache fusion. Common problems discussed include lost blocks due to interconnect issues, disk I/O bottlenecks, and expensive queries. Diagnostics tools like AWR and ADDM can identify cluster-wide I/O and query plan issues impacting performance. Configuring the private interconnect, I/O, and addressing bad SQL can help resolve performance problems.